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  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

Gold steadied on Friday after a sharp upturn in the previous session, as new US economic data assuaged concerns of a recession and made the safe haven metal less attractive to investors. Spot gold was little moved at $2,428.66 per ounce, having posted its biggest one-day surge in three weeks...

Gold price on pace for worst week since early June

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$83 Billion in Bitcoin (BTC) in 24 Hours: What's Happening?

Gold prices fell sharply yesterday as investors reacted, as expected, to the latest U.S. inflation data, which came in below expectations. Gold is traditionally seen as a safe-haven asset in volatile economic times and tends to rise when inflation rises. However, the latest CPI data has changed market sentiment, and many market participants now believe that the Federal Reserve may cut interest rates. This has made gold less attractive, leading to a sharp sell-off.

Gold Crashes, Bitcoin Rockets, And Peter Schiff Is Not Happy About It

A four-year legal battle with regulators ended with Ripple agreeing to pay $125 million in civil penalties. The return to business as usual for Ripple might be enough to send the price of XRP over $1. Other catalysts, such as the launch of a new spot ETF, are unlikely and...

Should You Buy XRP While It's Under $1?

Here are the top three news stories over the past day presented to you by U.Today. FBI breaks silence about Bitcoin creator Satoshi Nakamoto. Dave Troy, prominent investigative journalist and entrepreneur, has recently made a Freedom of Information Act (FOIA) request to the FBI, in which he asked for information about Satoshi Nakamoto, anonymous creator of Bitcoin. The bureau responded to the request, stating that Satoshi could be "one or more third-party individuals" and that it can "neither confirm nor deny" the existence of records about them. As follows from Troy's comment to the FBI's response, this is a typical answer for requests concerning non-U.S. persons. The journalist wrote that he intends to appeal the response, adding that his goal is not to identify the person behind the pseudonym, but to obtain any information the FBI may have on the subject.

FBI Breaks Silence about BTC Creator Satoshi Nakamoto, XRP Sees $12 Billion Real Trading Volume Surge, Arthur Hayes Predicts Epic Altcoin Season: Crypto News Digest by U.Today

Gold prices steadied on Tuesday to hover close to an all-time high hit in July, as the dollar and Treasury yields crept lower after U.S. producer price data cemented hopes for a interest rate cut from the Federal Reserve in September. The dollar was down 0.2% against its rivals, making...

Gold firms as dollar, yields slip after US PPI data

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Gold prices rebounded after a post-CPI selloff, aided by a struggling US Dollar Index. A sustained move above $2500/oz for gold may require an additional catalyst, like geopolitical risks. The DXY faces challenges and is likely to remain subdued, with technical indicators suggesting a potential retracement. Will it Materialize?. Gold...

Gold (XAU/USD) Bounces Back After US CPI, DXY Faces Challenges

The plunge in Bitcoin’s price, combined with a substantial increase in mining difficulty, has Bitcoin miners sweating as they fight to keep their heads above water—with the network’s guardians shifting huge amounts of coins. Figures from blockchain data firm CryptoQuant shows that earlier this month, BTC outflows...

Bitcoin Miners Sell Off Bitcoin to Stay Afloat as BTC Price Wavers

The Vanguard Group, the second-largest issuer of exchange-traded funds (ETFs), plans to sit out the cryptocurrency ETF gold rush, according to Salim Ramji, Vanguard's CEO. “We will not be launching crypto ETFs,” Ramji said in an Aug. 14 interview with ETF.com. With almost $2.7 trillion in assets under management...

New Vanguard CEO: "We will not be launching crypto ETFs."

Aug. 15, 2024, marks the 53rd anniversary of the “Nixon Shock,” the day that United States President Richard Nixon eliminated the gold standard for the US dollar. At the time, Nixon claimed that taking the dollar off the gold standard was “temporary” and would “stabilize” the dollar.

Nixon ended gold standard 53 years ago today — WTF happened in 1971?

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Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the Day, Friday, August 16th

Tether (USDT) balances on crypto exchanges hit a record high of 20.339 billion on Aug. 13, signaling investors are gearing up to deploy these stablecoins into crypto assets ahead of the United States Federal Reserve’s September rate decision. Tether Treasury mints $1B worth of USDT. Tether’s record balance across...

Tether crypto exchanges balance hits record high as Treasury prints $1B USDT

While Bitcoin and top altcoins are stable at press time, the sharp liquidation from the weekend to August 5 led to a major shakeout. Billions of leveraged positions were liquidated, and prices are technically under pressure despite the current stability. Global Liquidity Set To Rapidly Rise: Will Bitcoin Benefit?. Still,...

Bitcoin Attractive, US Fed To Soon Begin Adding $30 Billion Every Month: Will BTC Fly?

Goldman Sachs made its debut in the spot bitcoin ETF market in the second quarter, purchasing $418 million worth of bitcoin funds. Wednesday's 13F quarterly filing deadline offers the latest read on the equity positions taken by large investors. Ether ETFs just hit the market last month, so those inflows...

Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners

Investors are shifting to gold as AI-related tech stocks decline and geopolitical tensions rise, notes Outlier Ventures Head of Research Jasper De Maere. Gold nears an all-time high, significantly outperforming Bitcoin amid market uncertainty. Bitcoin struggles as a hedge, trading more like tech stocks than a safe asset. The downturn...

Gold outperforming bitcoin as AI 'bubble' and geopolitical risks drive investors toward safe havens

During periods of economic uncertainty, investors often seek safe assets with handsome returns to offset losses. Gold, on account of boasting a long track record to rely on, is regarded as a safe haven asset. This means that the yellow metal is expected to continue gaining value even during economic downturns. Nevertheless, a popular crypto analyst-cum-investor suggests he would unambiguously wager on XRP rather than gold.

Surprising Reason Why This Crypto Analyst Prefers Ripple’s XRP Over Gold As Investment

Swell has launched the first Bitcoin LRT to offer restaking rewards from the Ethereum ecosystem. Swell Restaked BTC (swBTC) holders will earn restaking yield from Symbiotic, EigenLayer, and Karak, with the opportunity to further boost yield in DeFi. The innovation of swBTC is commended by leading custodian BitGo, and strategic...

Swell launches swBTC on Symbiotic, EigenLayer and Karak

NewsBreak

Bitcoin price stumbles as gold price hits $2.5K for the first time ever

Bitcoin (BTC) disappointed at the Aug. 16 Wall Street open as rangebound BTC price action contrasted with new record highs for gold. Data from Cointelegraph Markets...

Bitcoin price stumbles as gold price hits $2.5K for the first time ever

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